When investors were shying away from the market in 2009, Biggs predicted the immense rally that year.

“I’m bullish,” Biggs says. “Earnings are coming in very, very strong. The surprise is going to be how good economic growth is.”

Biggs, who runs New York-based hedge fund Traxis Partners, told Bloomberg Television that the market will increase by at least another 10 percent.

“This market has got some momentum there. There are too many people who are underinvested and are under pressure to deliver some performance this year,” he said. "The U.S. economic recovery looks surprisingly healthy."

Bill Miller, of Legg Mason, prefers buying stocks from financial and technology companies due to their valuations, Bloomberg reported.

He also believes U.S. stocks will continue to rise and said they have a “positive” outlook.

Miller said his biggest holding right now is in tech companies since their stocks remain “very cheap.”

In January and February, Miller’s fund increased its percentage in financial shares. Miller is the chief investment officer of Legg Mason Capital Management, which has $16.9 billion in assets.

Investors should take a look at emerging markets because they remain a haven for money, Biggs said.

“I like the Asian emerging markets, and particularly at this point China and India,” he said.

Investors should be able to garner some better returns in healthcare companies because of the passage of the healthcare bill.

Investors will start to “rotate” toward stocks, said Charles Boorady, a Citigroup analyst, in a research note.

Stocks in healthcare companies will also rise as investors become more active in the market, he said.

Barton Biggs, the hedge fund manager, remains an avid fan of stocks.
When investors were shying away from the market in 2009, Biggs predicted the immense rally that year.
I m bullish, Biggs says. Earnings are coming in very, very strong. The surprise is going to be how...